Sovereign Formed Indo-Thai Joint Venture with LA Bicycle
HIMACHAL, India Indian component maker Sovereign en LA Bicycles from Thailand joint forces with the purpose not only to sell in India the latest international trend in bicycles, but also to export from India. Both partners feel that there is a market among the India middle class for a lifestyle bicycle. The bike industry joint venture is also aimed at opening up a plant in India at a later stage for the export of bicycles to Europe.
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